Credit Suisse invests in B2B software company SpecPage

07.11.2018 13:45

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Severin Weiss

SVC Ltd., an investment vehicle of Credit Suisse in Switzerland, invests in SpecPage, a software and IT solutions provider dedicated to the Food & Beverage manufacturing industry.  The company has a strong and growing client base and is uniquely positioned for further growth.

SpecPage is a global leader of innovative, advanced digital software and IT solutions – they are the only product lifecycle management and product data management process solution vendor uniquely dedicated to the Food and Beverage industry. The investment will empower the company’s global expansion. For nearly two decades, SpecPage has developed innovative solutions to help formula-based Food and Beverage manufacturers produce better quality products with a better cost profile, while also streamlining and delivering exceptional data-driven results that allow producers to grow profitability.   

SpecPage was founded in 2006 and has offices in Switzerland, the US, Sweden, Germany, France, Italy, Slovakia, the Netherlands, Singapore, and China. The company’s client base is strong and growing, including Nestlé, Mondelez, Migros, Bell, Hilcona, Lindt, Dr. Oetker, Bahlsen, Koch Foods, McCain, Dominos, Kellogg’s, Ingredion and Glanbia, among others.

For SVC Ltd. for Risk Capital for SMEs, a subsidiary created for this purpose in 2010, the investment in SpecPage marks the 50th investment of SVC Ltd. since its inception. Didier Denat, Chairman of the Board of Directors of SVC Ltd. and Head of Corporate & Investment Banking at Credit Suisse (Switzerland) Ltd., comments: “As a niche player which already boasts some of the biggest global manufacturers among its clients, SpecPage is uniquely positioned for further growth. The company is a prime example of a Swiss SME pairing both world-class precision and innovation with true global expertise. We are very pleased to be partnering with the firm and support its journey of longstanding success.”

Severin Weiss, founder and CEO of SpecPage (picture above), says, “With SVC Ltd. and Credit Suisse’s commitment to SpecPage, we will be able to accelerate our growth and strengthen our position as the leader in the global PLM and PDM software market. This investment will enable us to further prioritize digital transformation and deliver a speedy solution to clients who are trapped in predominantly spreadsheet-based processes.”

(Press release)

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